I-4 Ultimate Highway Project, USA
The I-4 Ultimate Project is a Public-Private Partnership (PPP) highway project – owned by the Florida Department of Transportation (FDOT) and led by the I-4 Mobility Partners (comprising John Laing and Skanska Infrastructure Development). John Laing has a 50% shareholding in the project, making it joint equity investor and manager.
The I-4 Ultimate Project will reduce congestion and provide additional capacity along a busy 21-mile section of Interstate 4 that also serves as a major tourist route across central Florida. Under a public-private partnership, I-4 Mobility Partners will design, build, finance and operate the new section over a 40-year concession. The project includes reconstructing 15 major interchanges, constructing more than 145 bridges, adding four variable priced toll Express Lanes, and completely rebuilding general use lanes. The Florida Department of Transportation will administer all-electronic tolling for the managed routes.
The project has excellent sustainability and environmental credentials. Nearly all of the concrete and steel removed from the old road and bridges is being recycled, and recycled materials are being used wherever practical in new construction. Once completed, the I-4 project will play a significant role in enhancing both safety and mobility for I-4 users, and reduce travel times in the heart of Florida. of Florida, construction of the I-4 project is expected to be fully completed in late 2021.
Construction commenced in 2015 and reached some important milestones in 2020, including the opening of the I-4/S.R.408 Interchange and the general use lanes, the latter representing a major milestone. The project is on track to complete in late 2021.